Self-reporting of contraventions by financial services and credit licensees

The self-reporting regime for Australian Financial Services licensees (AFS licensees) has come under scrutiny over the last decade or so in the media and in a series of inquiries into banking or banking and financial services related misconduct. Concurrently, ASIC has publicly outlined concerns with the effectiveness of some aspects of the existing regime.

Closing date for submissions: Friday, 12 May 2017

For more information, please click here.

Source: The Commonwealth of Australia